a one-off tax planning opportunity, such as the acquisition or disposal of an asset

establishing the tax consequences of making distributions to the beneficiaries and/or winding up the trust.

Trustees are responsible for disclosing income and gains to HMRC through the Self Assessment tax return system. With this in mind, we also offer a cost-effective and hassle-free tax return service to our trust clients.

Trustees are also responsible for reporting and paying inheritance tax on relevant transfers from the trust. We can also prepare the appropriate inheritance tax returns and calculate the tax due to help trustees ensure they met their tax compliance obligations.